
Meta Beats Q1 Estimates, Sees Strong Q2
Well, well, well, look who’s killing it in Q1! Meta just dropped earnings that blew Wall Street’s mind. Forget fears of tariffs or AI hiccups — the tech giant is on fire, posting a $42.31 billion revenue, up 16% from last year. The best part? They didn’t just meet expectations; they obliterated them. That’s $6.43 per share — up 35% from last year. Take a bow, Meta.
Zuckerberg’s crew isn’t sweating the drama, either. Tariffs on Chinese imports? Meh. The money’s still rolling in from Facebook, Instagram, and WhatsApp ads. And with AI growing like a weed in Zuckerberg’s backyard, they’re only just getting started, reports Reuters.
But hold up, there’s more. Meta’s got their eye on a massive Q2. They’re forecasting anywhere between $42.5B and $45.5B in revenue. Oh, and they just cranked up their 2025 capital spending forecast. They’re all-in on AI, folks, according to Investors.com.
Despite the major wins, there are a few storm clouds. The EU’s looking at Meta’s new subscription model, and the U.S. government isn’t backing down on its legal battles. But hey, as long as Zuckerberg’s doing his thing, we’re betting they’ll ride this wave right into the summer, notes AP News.
So, is Meta unstoppable? Not quite, but for now, it’s hard to bet against them.
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